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(MoneyNewsWire.Net, August 29, 2018 ) Industry Outlook and Trend Analysis
The Interactive Kiosk Market was worth USD 18.36 billion in 2014 and is expected to reach approximately USD 29.65 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.47% during the forecast period. One of the essential drivers that promote the development in the market is simply the rising interest of consumers toward self-service interactive kiosks. Used in various applications like booking movie tickets, registration of patients in the hospitals, and flight reservations, interactive kiosks provide numerous benefits to the service providers and diminish operational expenses by decreasing labour and infrastructure set ups. These kiosks additionally gather information with respect to client inclinations, which will enable retailers to alter their offerings, thus, increase ROI. The interactive kiosks can likewise be used as a part of the medicinal services industry to handle significant assets where fundamental restorative tests are should be possible through automation and requires no intervention from doctor, sparing time on service offerings.
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End User Outlook and Trend Analysis
In 2016, the worldwide interactive kiosk market was driven by the retail sector and is anticipated to become facilitate amid the conjecture time frame. The usage of Interactive kiosks in the retail market has increased enormous prevalence all around with a few retail locations introducing self-checkout kiosks for empowering rapid checkout administrations. Furthermore, the usage of virtual kiosks that gives additional space at the retail locations and results in lesser upkeep expenses will likewise move the development of the market in this portion.
Regional Outlook and Trend Analysis
The Americas drove the worldwide interactive kiosk market in 2016 and is anticipated to proceed with its predominance in the following years. This is majorly due to the high demand from the entertainment, finance, retail, healthcare, and travel industries. The US is the biggest contributor of the market in the district and where there is a consistent increment in the requirement for interactive kiosks.
Competitive Insights
The major players in the market are Hewlett-Packard, IBM, SlabbKiosks, Samsung Electronics, KIOSK Information Systems, National Capital Region, Panasonic, Diebold Nixdorf and LG Electronics. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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The Interactive Kiosk Market is segmented as follows-
By End User:
Travel
Health care
Retail
Finance
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
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